The Index Desk Report

Tuesday, November 3, 2026

The desk's daily brief — every WET Index Score, what moved it, and the projection watch. Composed arithmetically from the audited daily prints; published every morning. Subscribe via RSS.

Headline · WWRI

W.E.T. World Risk Index

24.3Low
70 / 148 live21 elevated24 calm

W.E.T. World Risk Index (WWRI) prints a WET Index Score of 24.3 (Low), flat.

Published at 24.3 (Low), led by commodity-stress (20% leg) (21→21%) −0.1 repricing; climate-risk (15% leg) (22→23%) +0.1 repricing.

The board: 70 of 148 benchmarks live — 21 elevated (≥60), 24 calm (<40).

WET Implied · real-unit readings

  • Fed Path (WIFP): next meeting (Dec 2026) prices +18.2bps expected change (26% hold); cumulative +43.2bps by Dec 2026.
  • Inflation (WIIN): Nov 2026 CPI YoY implied at 3.86% (80% band 3.53–4.24%, n=21 strikes).

Overround-normalized, isotonic-repaired readings of Kalshi contract ladders — numbers with units, not sentiment gauges.

What moved

  • WELEC 64.9 (▲11.0) — Election — Politics, inside six months, up 11.0 on the day.
  • WPRES 64.3 (▲9.2) — President — Politics, inside six months, up 9.2 on the day.
  • WMEE3 56.0 (▲8.8) — Meeting — Economics, inside two years, up 8.8 on the day.
  • WGOO2 68.6 (▼7.6) — Google — Tech Science, inside two months, down 7.6 on the day.
  • WREP2 53.2 (▲6.7) — Republican — Elections, inside two years, up 6.7 on the day.

Projection watch

  • WPITT projected 52.1 in 14d (80% band 0–100), trending up.
  • WPIT2 projected 47.9 in 14d (80% band 0–100), trending down.
  • WMATH projected 32.7 in 14d (80% band 0–85), trending down.

The full board

Ticker Index Score 1d As of Regime
WGRI Geopolitical Risk 25.9 +0.1 2026-11-03 Low & cooling, volatile
WFPI Fed Path 4.2 +0.3 2026-11-03 Very low & climbing
WEHI Election Heat 46.8 -1.4 2026-11-03 Moderate & climbing, volatile
WARI AI Race 50.2 -0.2 2026-11-03 Moderate & cooling, volatile
WRCI Recession Odds 25.4 0.0 2026-11-03 Low & climbing, volatile
WCGF Crypto Greed 27.6 -2.9 2026-11-03 Low & cooling, volatile
WCDR Climate Risk 22.8 +0.5 2026-11-03 Low & cooling, volatile
WCHI Culture Heat 50.9 -4.8 2026-11-03 Moderate & cooling, volatile
WPTI Political Turmoil 66.5 0.0 2026-11-03 Elevated & climbing, volatile
WCOS Commodity Stress 20.9 -0.5 2026-11-03 Low & climbing, volatile
WSHI Sports Heat 88.4 0.0 2026-11-03 Very high & climbing, volatile
WEGF Equity Greed 72.6 +1.8 2026-11-03 Elevated & climbing
WMID Midterm Control 53.6 -2.4 2026-11-03 Moderate & climbing, volatile
WELW Election Week 43.6 0.0 2026-11-03 Moderate & climbing, volatile
WFLA Flashpoint Watch 29.7 0.0 2026-11-03 Low & steady, volatile
WDCW Washington Week 37.5 0.0 2026-11-03 Low & climbing
WGEA Global Easing 36.0 -0.1 2026-11-03 Low & cooling, volatile
WINF Inflation Watch 77.8 +0.4 2026-11-03 Elevated & steady
WEBI Earnings Beat 68.1 0.0 2026-11-03 Elevated & cooling
WBTP Bitcoin Path 25.5 +1.3 2026-11-03 Low & climbing
WALT Altcoin Heat 22.7 -0.6 2026-11-03 Low & cooling
WAWD Awards Race 38.6 -1.3 2026-11-03 Low & cooling
WSTW Storm Watch 100.0 — 2026-11-03 Very high & climbing, volatile
WFAV Favorites Combo 53.5 0.0 2026-11-03 Moderate & cooling, volatile
WSOC Soccer Heat 100.0 0.0 2026-11-03 Very high & climbing, volatile
WNFL Gridiron Futures 81.4 -1.6 2026-11-03 Very high & climbing
WWRI World Risk 24.3 0.0 2026-11-03 Low & climbing, volatile
WMSI Macro Stress 18.5 -0.1 2026-11-03 Very low & climbing
WUPR US Political Risk 50.4 -0.4 2026-11-03 Moderate & climbing, volatile
WALBU Album — Culture, inside six months 54.1 -5.4 2026-11-02 Moderate & climbing, volatile
WANTH Anthropic — Financials, inside six months 55.0 +5.6 2026-11-02 Moderate & climbing, volatile
WARTI Artist — Culture, inside six months 33.1 +0.4 2026-11-02 Low & cooling, volatile
WBANK Bank — Economics, inside six months 50.5 +3.5 2026-11-02 Moderate & cooling, volatile
WDEMO Democratic — Elections, inside two years 46.2 -2.0 2026-11-02 Moderate & climbing, volatile
WELEC Election — Politics, inside six months 64.9 +11.0 2026-11-02 Elevated & climbing, volatile
WELE2 Election — Politics, inside two months 36.6 — 2026-11-02 Low & cooling, volatile
WFEDE Federal — Economics, inside six months 35.8 -1.5 2026-11-02 Low & steady, volatile
WGOO2 Google — Tech Science, inside two months 68.6 -7.6 2026-11-02 Elevated & steady, volatile
WHIKE Hike — Economics, inside six months 38.2 +0.6 2026-11-02 Low & climbing, volatile
WHIK2 Inverse Hike — Economics, inside six months 61.8 -0.6 2026-11-02 Elevated & cooling, volatile
WHOUS House — Elections, inside two years 45.2 +5.0 2026-11-02 Moderate & climbing, volatile
WINCR Increase — Economics, inside six months 36.4 -2.0 2026-11-02 Low & cooling, volatile
WINC2 Inverse Increase — Economics, inside six months 63.6 +2.0 2026-11-02 Elevated & climbing, volatile
WINC3 Increase — Economics, inside two months 41.3 +4.1 2026-11-02 Moderate & climbing, volatile
WINC4 Inverse Increase — Economics, inside two months 58.7 -4.1 2026-11-02 Moderate & cooling, volatile
WINTE Interest — Economics, inside six months 80.5 -3.6 2026-11-02 Very high & climbing, volatile
WINT2 Interest — Economics, inside two months 66.3 0.0 2026-11-02 Elevated & steady, volatile
WMATH Math — Tech Science, inside two months 36.1 +2.4 2026-11-02 Low & cooling, volatile
WMEET Meeting — Economics, inside six months 73.1 -1.2 2026-11-02 Elevated & climbing, volatile
WMEE2 Meeting — Economics, inside two months 68.8 +2.3 2026-11-02 Elevated & climbing, volatile
WMEE3 Meeting — Economics, inside two years 56.0 +8.8 2026-11-02 Moderate & cooling, volatile
WMIDT Midterm — Elections, inside six months 65.1 — 2026-11-02 Elevated & climbing, volatile
WOPEN Openai — Financials, inside six months 30.2 0.0 2026-11-02 Low & climbing
WOPE2 Openai — Financials, inside two years 45.7 -1.9 2026-11-02 Moderate & cooling
WPART Party — Elections, inside six months 45.1 +4.9 2026-11-02 Moderate & climbing, volatile
WPHIL Philadelphia Football, inside six months 4.2 — 2026-11-02 Very low & cooling, volatile
WPHI2 Inverse Philadelphia Football, inside six months 95.8 — 2026-11-02 Very high & climbing, volatile
WPITT Pittsburgh Football, inside six months 48.1 -2.3 2026-11-02 Moderate & climbing, volatile
WPIT2 Inverse Pittsburgh Football, inside six months 51.9 +2.3 2026-11-02 Moderate & cooling, volatile
WPRES President — Politics, inside six months 64.3 +9.2 2026-11-02 Elevated & climbing, volatile
WRAC2 Race — Elections, inside two years 48.3 +4.3 2026-11-02 Moderate & climbing, volatile
WRATE Rate — Economics, inside six months 53.6 +2.4 2026-11-02 Moderate & cooling, volatile
WRAT2 Inverse Rate — Economics, inside six months 46.4 -2.4 2026-11-02 Moderate & climbing, volatile
WRAT3 Rate — Economics, inside two months 61.5 +4.4 2026-11-02 Elevated & climbing, volatile
WRAT4 Rates — Economics, inside two months 72.0 +0.5 2026-11-02 Elevated & climbing, volatile
WREP2 Republican — Elections, inside two years 53.2 +6.7 2026-11-02 Moderate & climbing, volatile
WRESE Reserve — Economics, inside six months 55.8 -0.7 2026-11-02 Moderate & cooling, volatile
WSENA Senate — Elections, inside six months 55.7 -2.5 2026-11-02 Moderate & cooling, volatile
WTAYL Taylor Swift — Culture, inside six months 37.9 -1.0 2026-11-02 Low & cooling, volatile
WTRUM Trump — Politics, inside six months 34.3 +0.9 2026-11-02 Low & climbing

Benchmark readings of prediction-market prices — data, not advice. Every method is published.